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| For those carrying CAT, you might look at GRP CAT. Especially those who don't maintain yields. GRP CAT still used GRP's 1.5 value factor, based on county yield. In Nebraska a few years ago, GRP CAT would have paid quite a lot more than MPCI CAT (both cost $100 per county per crop).
Other less expensive alternatives include enterprise units and lowering the price of multi-peril coverage, to maintain a higher level, but for less premium (and less value per bushel).
Rob | |
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